South Carolina Code 5-29-40. Right of municipalities to establish, construct, maintain, and improve off-street parking facilities
Current as of: 2023 | Check for updates
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Terms Used In South Carolina Code 5-29-40
- municipality: shall mean any incorporated city or town in this State. See South Carolina Code 5-29-20
- off-street parking facilities: shall mean motor vehicular parking facilities of all sorts, including parking lots, buildings or ramps. See South Carolina Code 5-29-20
- Refunding Revenue Bond Act: shall mean §§ 6-17-10 through 6-17-320, as the same are now constituted, or as the same shall hereafter be amended. See South Carolina Code 5-29-20
- Revenue Bond Act: shall mean §§ 6-21-10 through 6-21-570, as the same are now constituted, or as the same shall hereafter be amended. See South Carolina Code 5-29-20
Any municipality shall be permitted to make provision for the construction, establishment, maintenance and improvement of off-street parking facilities, and to finance or refinance the cost of such construction, establishment, maintenance and improvement through the issuance of bonds pursuant to the Revenue Bond Act or the Refunding Revenue Bond Act.